The Sterling (GBP) found support on dips to be bought up above 1.5600 and GBP/JPY reclaimed the key Y130 level. EUR/GBP was stable as the Euro recovered from recent selling and the Japan news also helped GBP sentiment. Overall the GBP/USD traded with a low of 1.5510 and a high of 1.5643 before closing the day at 1.5630 in the New York session. Looking ahead, November Trade Balance forecast at -8.3bn vs. -8.5bn previously.
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